Area Market Report for Mine Hill Twp., NJ January 2008

Area market Report for Mine Hill Twp., NJ January 2008

Information collected from; the Garden State Multiple Listing Service and provided by: Gary J. Rocks

During the month of January 2008 there were eleven newly marketed properties in Mine Hill Twp; NJ. The average price of these properties were reported as $387,690.00. The least expensive property was marketed for $394,900.00 a nine room split level home with 3 bedrooms and two baths. The most expensive property is a Colonial home with 6 rooms three bedrooms and three baths with an asking price of $499,000.00.

There were two properties reported as under contract with an average asking price of $302,490.00 these properties on average took 83 days to get those contracts.

Three properties closed title with an average asking price of $326,133.00 and an average actual SOLD Price of $320,200.00.  This represents a 98.18% of asking Vs. selling price, this is good news!

Two properties were removed from the market with an average asking price of $324,500.00 and were on the market for an average of 42 days.

Five properties expired from the market with an average asking price of $345,140.00 and they were on the market for an average of 171 days.

Mine Hill Twp., NJ is in close proximity to Interstate 80 Routes 10, 15 & 46. Picatinny Arsenal is nearby which employs many civilians. Good schools system is offered and there is shopping malls nearby. A great place to raise a family in a good God Fearing community.

If you would like to find out more about living in Mine Hill Twp., NJ just give me a call at the number listed and I will provide you with a list of homes not only for this town but surrounding towns as well.